Insider-Trading Charges to Be Dropped

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Federal prosecutors in New York said they would drop charges against five men they previously accused of insider trading, the latest casualty of an appeals court ruling last month that upended the government’s ability to bring such charges.

BT Plans $2.3 Billion Pension Plug

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BT Group plans to inject $2.3 billion into its pension plan by the end of April as part of a new 16-year program at the British telecom operator to shrink its multibillion-dollar pension-fund deficit.

Lilly Sales Hit by Patent Loss, Dollar

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Lilly said foreign-exchange pressures weighed on sales in the most recent quarter as the pharmaceutical company continued to suffer the impact of patent expirations on some of its key drugs.

Consol Energy Posts Higher Revenue, Production

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Consol Energy Inc. said its revenue and production volume rose in the most recent quarter.

JAL, ANA Cautious About Helping Bankrupt Skymark Airlines

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Japan’s two biggest airlines are taking a wary stance over helping Skymark Airlines after it filed for bankruptcy protection earlier this week.

Maersk in Talks Over $1.5 Billion Ship Order

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Denmark’s Maersk Line, the world’s biggest container-shipping company by capacity, is in early talks with Asian shipbuilders to order up to 10 container megaships worth around $1.5 billion.

Rising Dollar Hits Google Revenue

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The rising dollar claimed another victim as Google’s revenue grew slower than expected. Absent the dollar’s impact, revenue would have risen roughly 20%.

Newcrest Rides a Gold Roller-Coaster

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Few companies have experienced the roller-coaster ride of the commodities cycle like Newcrest Mining, Australia’s biggest gold producer.

Gold Tarnishes as U.S. Economy Strengthens

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The strong U.S. economy is dimming gold’s allure. Gold futures posted their sharpest decline—2.4%—in more than a year, a day after the Fed waxed optimistic about U.S. economic growth.

Amazon Delivers $214 Million in Profit

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Amazon posted higher-than-expected net income for the fourth quarter, despite sales growth below forecasts. The e-commerce giant’s spending continued to weigh on its bottom line.

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